Press release 262 / 2013-08-08: German exports in June 2013: –2.1% on June 2012

WIESBADEN – Germany exported goods to the value of 92.8 billion euros and imported goods to the value of 75.9 billion euros in June 2013. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports decreased by 2.1% and imports by 1.2% in June 2013 on June 2012.
The month-on-month comparison showed opposite developments of exports and imports upon calendar and seasonal adjustment. While exports increased by 0.6% on May 2013, imports decreased by 0.8%.

The foreign trade balance showed a surplus of 16.9 billion euros in June 2013. In June 2012, the surplus had amounted to 18.0 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 15.7 billion euros in June 2013.

According to provisional results of the Deutsche Bundesbank, the current account of the balance of payments showed a surplus of 17.3 billion euros in June 2013, which included the balance of services (–0.1 billion euros), factor income net (+5.0 billion euros), current transfers (–2.8 billion euros), and supplementary trade items (–1.7 billion euros). In June 2012, the German current account showed a surplus of 19.5 billion euros.

In June 2013, Germany dispatched goods to the value of 53.6 billion euros to the Member States of the European Union (EU), while it received goods to the value of 49.1 billion euros from those countries. Compared with June 2012, dispatches to the EU countries decreased by 0.1% and arrivals from those countries by 0.3%. Goods to the value of 35.0 billion euros (–1.4%) were dispatched to the Euro area countries in June 2013, while the value of the goods received from those countries was 34.8 billion euros (–0.5%). In June 2013, goods to the value of 18.6 billion euros (+2.2%) were dispatched to EU countries not belonging to the Euro area, while the value of the goods which arrived from those countries was 14.3 billion euros (+0.0%).

Exports of goods to countries outside the European Union (third countries) amounted to 39.2 billion euros in June 2013, while imports from those countries totalled 26.7 billion euros. Compared with June 2012, exports to third countries decreased by 4.6% and imports from those countries by 2.7%.